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central bank, market turmoil

Turkish central bank surprises with rate hike to 46% after market turmoil
Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and boosted Turkish assets following market turmoil triggered by the arrest of Istanbul's mayor last month.
Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs
Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it confronts stubborn inflation and financial turbulence following the arrest of Istanbul’s mayor and aftershocks of global tariffs.
European Central Bank poised to cut rates amid global tariff turmoil
The European Central Bank is widely expected to trim interest rates for the third time this year as global tariff tensions and uncertainty threaten the euro zone's economic growth. A quarter-point cut would take the ECB's deposit facility rate, its key rate, to 2.25% — down from a high of 4% toward the middle of 2023.
Denmark's central bank cuts key interest rate by 25 basis points
Denmark's central bank cut its key interest rate by 25 basis points to 1.85% on Thursday, following the European Central Bank's decision earlier in the day to cut euro zone rates.
European Central Bank cuts interest rates as tariffs threaten the economy
The European Central Bank cut its main interest rate to 2.25% from 2.5% Thursday as Donald Trump’s tariffs loom large over the region’s economy.
Turkey's central bank surprises with 350-basis-point rate hike
Turkey’s central bank surprised markets on Thursday when it raised its key interest rate, the one-week repurchase rate, from 42.5% to 46%.
Namibia central bank holds key interest rate at 6.75%
Namibia's central bank held its main interest rate at 6.75% in a decision announced on Wednesday, citing heightened global policy uncertainty. The decision to maintain the repo rate comes after four consecutive rate cuts.
Turkish Central Bank Hikes Rates as Political Crackdown Threatens to Thwart Price Efforts
Turkey’s central bank raised its key interest rate, reversing a previous course of reductions as political conflict threatens to stymie the bank’s efforts to tame high inflation.
Turkey’s central bank raises interest rate to 46%
The surprise decision, which Turkey’s central bank described as a show of monetary “decisiveness”, comes after political instability hammered domestic assets last month and sent the lira currency to a record low.
Turkish central bank raises interest rate to 46 percent
Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of Istanbul's opposition mayor and economic uncertainty provoked by
Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data ...
European Central Bank cuts interest rates for the seventh time as global trade tensions escalate
The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by ...
Lebanon's new Central Bank governor vows to fight financing terrorism
Lebanon's new central bank governor pledged Friday to fight money laundering, financing terrorism and drug smuggling, ...
Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money
Anna Paulson, a career economist at the Federal Reserve’s Chicago bank, will take over as president of the Federal Reserve Bank of Philadelphia, the bank said Thursday morning. An insurance scholar, ...
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'Fed war': CNN hosts pounce on central bank chairman's warnings that infuriated Trump
President Donald Trump issued a broadside against Federal Reserve chairman Jerome Powell in an ongoing dispute over interest rates, and CNN's Rahel Solomon analyzed what that might mean to the U.S.
Fed's Hammack sees steady monetary policy as central bank seeks more data
Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty ...
‘Confused’: Bank of Canada facing calls it should have cut amid inflation, growth risks
Some experts are calling into question the Bank of Canada’s decision to hold its key policy rate amid trade uncertainty, as ...